Joohi Singh

• Working in Second line of defense and reviewing alerts created in Metrosoft and managing day-to-day activities of Compliance
• Advise and support Best???s Compliance function in India and support wider business in Apex India for compliance functions.
• Reporting to the Head of Compliance, India and the Regional Head of Compliance, APAC the day to day reporting requirements including internal monthly and weekly compliance reporting as well as supporting regulatory filings and projects e.g. Apex???s M&A projects etc.
• Advise on compliance issues relating to AML, KYC, FATCA, CRS etc. and other compliance related requirements, AML due diligence, PEP and Sanction checks on client and investor files with respect to regulatory requirements in India and other Asia Pacific jurisdictions, if needed.
• Working with Head of Compliance, India and the APAC Compliance team on suspicious activity and reporting to regulatory authorities
• Provide routine and ad hoc compliance reporting for periodic compliance risk assessments and analysis performance of the related control environments
• Work with management and the 1st line of defence in identifying areas for enhanced monitoring or training and tracking of Compliance-identified findings

Support the APAC Compliance team in multiple areas including:

• AML and CFT annual risk assessments
• Annual refresh of policies and procedures
• Responding to RFIs from banking partners and Financial Intelligence Units (FIUs)
• Tracking and analyzing regulatory updates including notices, circulars, and guidance notes
• Supporting AML and broader FCC risk assessments
• Horizon scanning for upcoming regulatory changes
• Mapping regulatory requirements and ensuring ongoing compliance with local regulations
• Preparing board meeting decks and internal MI/compliance committee slide decks
• Handling annual regulatory audits and ongoing internal compliance reviews
• Supporting product due diligence and arranging regulatory approvals for new product launches
• Providing compliance inputs on business initiatives including onboarding process improvements

Perform second-line compliance monitoring and alert reviews in Metrosoft

Conduct PEP and Sanctions checks across APAC jurisdictions

Liaise with Head of Compliance, India and Regional Head of Compliance, APAC on risk analysis and reporting

Support Apex's regulatory filings, internal compliance audits, and M&A projects

Collaborate with first-line business units to enhance monitoring frameworks and ensure effective implementation of compliance findings

• Assisting MLRO and Law enforcement requests and in managing day-to-day activities Reviewing wallet address and providing the report based on reviewing on Chainalysis to ED
• Handling central compliance team and advising them on their issue and concern related to process and providing training
• First-line of review of corporate client applications to ensure adherence with Group Know Your Business' requirements.
• Second-line review of new client applications, to ensure adherence to Group AML and Financial Crime policies to meet Know Your Customer requirements.
• Conducting enhanced due diligence reviews on prospective and existing clients.
• Undertaking transaction monitoring testing in line with the group monitoring plan.
• Track and follow up actions identified as a result of the Monitoring & Testing review work.
• Ensure data and documents are entered into the system properly in accordance with group policies.
• Undertake client refresh reviews under direction from local MLROs.
• Supporting Compliance driven projects and delivering on items of the Compliance Roadmap.
• Supporting local MLROs and offices on certain processes to ensure adequate cross-coverage when others are absent from the office.
• Respond to external and internal customer queries and requests.
• Working and assisting MLRO on QA process and procedures and other requests related to third-party partnership on due diligence.
• Working within the Compliance Team to ensure ongoing development and maintenance of an effective Compliance function, taking an active part in team meetings.

• Assisting compliance department in managing day-to-day activities
• Review financial sanction notices by HM treasury, OFAC & EU as and when received, ensuring that named accounts are not held with the bank
• Reviewing alerts generated by the SWIFT system and confirming that such alerts are false positives and confirming with the branch/ back office for release of such payment messages
• Further investigations and review of adverse media and application of enhanced due diligence (EDD) in case of high-risk customers or following the risk-based approach
• Checking of individual/joint individual accounts to make sure that the accounts are opened in line with the JMLSG or guidelines of the bank
• Assisting compliance in risk review and sign off all company account opening files and providing observations to manager and branch
• Review of customer???s transaction or turnover parameters in AML Trac by Dow Jones system
• Respond to any queries regarding opening, updating, maintaining and closing clients and records
• Ensuring that gift and hospitality, personal dealings, conflict of interest declarations are completed
• Maintaining and updating internal compliance registers and assisting with internal compliance audits
• Assisting in the preparation and collation of meeting packs remated with CMP
• Assisting in completing all assigned monitoring tasks within the monitoring plan
• Daily review of transactions alerts, coordination with branch for follow up, closure of alerts in AML Trac
• Checking for CIFAs, POCA, PEP and Sanctions
• Daily verification and sign-off payments requested by branch
• Check and verify the source of wealth and source of funds
• Verification of exchange rate in bank???s website
• Preparation of regulatory updates for the last quarter or horizon scanning
• Analysing of payments involving trade finance documents and signing off all payments requested related to Trade finance by Branch
• Helping branch and compliance officers in managing and recording complaints

• Assess, Analyses and Act on transactions from automated and manual transaction filtering processes against the applicable global and local lists
• Identify or Detect unusual or Suspicious behaviour which may represent money laundering/terrorist financing by researching the background of client transactions
• Understand whether triggering a transaction aligns with the customer's behaviour and identify any red flags, identify entities type, beneficial owners and gain an understanding of customers
• Capture and evidence of whether transaction activity is in line with the customer profile
• Handling false-positive alerts by screening alerts with the investigation
• Effectively drafting ground for suspicion (GFS) which provides Austrac a detailed summary of our suspicion including parties involved, transactions, accounts, and potential offences to help support Austrac's investigations.
• Conducting a search on WorldCheck One, Austrac Remittance Sector Register, ABN/ACN Lookup, Google search engine, Bloomberg and Reuters, and Adverse News Media Screening
• Conduct WLM (Watch- List Management) tasks- PEP Screening & Periodic Reviews of PEPs. High-risk customer reviews, negative media information, SUAR and SMR reporting to regulators
• Conduct customer due diligence (CDD) & Enhanced due diligence (EDD)
• Perform investigation on AML- Transaction monitoring alerts
• Ensure all alerts actioned in appropriate manner within agreed procedure standards
• Ensure correct screening has been completed for any negative news, PEPs & Sanctions on client/customer, Related parties, and Related individuals
• Sanctions - customer name screening, Pre-Employment checks, Vendor screening checks
• Screening all Incoming and Outgoing transactions or swift messages against sanctions list using Net Reveal filter
• Responsible for the accuracy of the information entered in the ground for suspicion
• Ensuring each section of the SMR reconciles with the GFS
• Act as a subject matter expert for the team on financial crime, KYC/AML, and Transaction monitoring processes

• AML/KYC domain expert covering KYC remediation of Business clients
• Screening of PEP???s and Sanction for Individual & Business customers
• Client Identification Program (CIP) and verification of documents in accordance with Know Your Customer (KYC), USA Patriot ACT and Bank Secrecy ACT (BSA) standards
• Perform checks for both privates and business clients against World- Check Risk Screen, Fin CEN List and OFAC Specially Designated National List (SDN) and blocked persons list
• Filtering/monitoring of transactions in view of protecting the bank against the risk of money laundering and/or terrorist financing
• Using analytical and judgment skills to determine whether correct decisions with clear rationales
• Supporting training and inductions for new joiners
• Ensuring that KYC checks and transaction monitoring is undertaken by team members are in line with the Banks' guidelines and processes and are compliant with relevant external regulations
• Conducting risk assessment by updating risk score and revision date of clients
• Responsible to investigate PEP alerts in a timely manner.
• Worked as a Senior Due diligence analyst for Netherlands Bank